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The list price of an article is ₹1,200 and a discount of 15% is offered on the list price. The selling price of the article is:
₹1,140
₹1,020
₹1,120
₹1,080
₹1,020
Calculate 10% of 1200 which is 120, then 5% is half of that (60). The total discount is 120 + 60 = 180. Subtract 180 from 1200 to get 1020.
List Price = ₹1,200, Discount Percentage = 15%
Selling Price=List Price×(1−100Discount%)
Calculate 10% of 1200 which is 120, then 5% is half of that (60). The total discount is 120 + 60 = 180. Subtract 180 from 1200 to get 1020.
Many students accidentally calculate 15% of the list price (180) and mistakenly mark it as the selling price instead of subtracting it from the list price.
Calculate the Discount Amount
The discount amount is 15% of the list price, which is 15% of ₹1,200.
Discount=1200×10015=180
Calculate the Selling Price
Subtract the discount amount from the list price to find the final selling price.
Selling Price=1200−180=1020
B is correct because the selling price of the article is ₹1,020 after deducting the 15% discount.
This concept of percentage deduction is foundational for Profit and Loss questions; always remember: Selling Price = List Price - Discount.